The “year of efficiency” has lasted about three. The trend of CEOs being obsessed with efficiency at all costs—call it efficiency mania—started in the “techcession” of 2022, was accelerated by Elon ...
The Efficient Market Hypothesis [EMH] began its intellectual life in the mid-1960s with bold positive claims: 1. The market price reflects all available information. 2. The market price represents the ...
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